As of December 31, 2021, Cady Construction has one construction job for which the construction in progress (CIP) account has a balance of $41,000 and the billings on construction contract account has a balance of $18,000. Cady has another construction job for which the construction in progress account has a balance of $12,000 and the billings on construction contract account has a balance of $17,000. Indicate the amount of contract asset and/or contract liability that Cady would show in its December 31, 2021, balance sheet.

Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers

The role of the credit department includes: a. evaluating customers' credit applications to determine whether they meet the company's approval standards. b. approving all credit applications in order to avoid losing sales. c. collecting cash from customers. d. following unwritten approval standards for processing customers' credit applications.